video1.0<iframe src="https://www.loom.com/embed/75b9b20f5612418281c29ab4b848ddd6" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/75b9b20f5612418281c29ab4b848ddd6-1694667066330.gif233.975In this video, I discuss the differences between centralized and decentralized decision making in an organizational structure. I explain how in a centralized structure, top-level managers have control and make all the decisions, while in a decentralized structure, decision-making responsibilities are divided among various levels of management. I also touch on other approaches such as group vs individual decision making, participatory vs non-participatory approach, and democratic vs consensus approach. Watch this video to understand the various decision-making approaches and their implications.